Common use of Extension of Powers Clause in Contracts

Extension of Powers. The power of sale or other disposal conferred on the Security Agent and on any Receiver by this Debenture shall operate as a variation and extension of the statutory power of sale under Section 101 of the Law of Property ▇▇▇ ▇▇▇▇ and such power shall arise (and the Secured Obligations shall be deemed due and payable for that purpose) on execution of this Debenture.

Appears in 3 contracts

Sources: Credit Agreement (Canada Goose Holdings Inc.), Credit Agreement (Canada Goose Holdings Inc.), Credit Agreement (Canada Goose Holdings Inc.)

Extension of Powers. The power of sale or other disposal conferred on the Security Agent and on any Receiver by this Debenture Agreement shall operate as a variation and extension of the statutory power of sale under Section 101 of the Law of Property ▇▇▇ ▇▇▇▇ and such power shall arise (and the Secured Obligations shall be deemed due and payable for that purpose) on execution of this DebentureAgreement.

Appears in 3 contracts

Sources: Credit Agreement (Canada Goose Holdings Inc.), Credit Agreement (Canada Goose Holdings Inc.), Credit Agreement (Canada Goose Holdings Inc.)

Extension of Powers. The power of sale or other disposal conferred on the Security Collateral Agent and on any Receiver by this Debenture shall operate as a variation and extension of the statutory power of sale under Section 101 of the Law of Property ▇▇▇ ▇▇▇▇ and such power shall arise (and the Secured Obligations shall be deemed due and payable for that purpose) on execution of this Debenture.

Appears in 2 contracts

Sources: Debenture (Global Crossing LTD), Debenture (Global Crossing Uk Telecommunications LTD)

Extension of Powers. The power of sale or other disposal conferred on the Security Agent and on any Receiver by this Debenture Deed shall operate as a variation and extension of the statutory power of sale under Section 101 of the Law of Property A▇▇ ▇▇▇▇ and such power shall arise (and the Secured Obligations Liabilities shall be deemed due and payable for that purpose) on execution of this DebentureDeed.

Appears in 2 contracts

Sources: Deed of Charge (Hertz Corp), Deed of Charge (Hertz Corp)

Extension of Powers. The Insofar as applicable the power of sale or other disposal conferred on the Security Agent Trustee and on any Receiver by this Debenture shall operate as a variation and extension of the statutory power of sale under Section 101 Sections 51 and 53 of the Law of Conveyancing and Property ▇▇▇ ▇▇▇▇ Ordinance (Cap.219) and such power shall arise (and the Secured Obligations shall be deemed due and payable for that purpose) on execution of this Debenture.

Appears in 2 contracts

Sources: Debenture (Marconi Corp PLC), g.e.c. Debenture (Marconi Corp PLC)

Extension of Powers. The power of sale or other disposal conferred on the Security Agent Trustee and on any Receiver by this Debenture shall deed will operate as a variation and extension of the statutory power of sale under Section 101 of the Law of Property ▇▇▇ ▇▇▇▇ Act 1925 and such power shall will arise (and the Secured Obligations shall Liabilities will be deemed due and payable for that purpose) on execution of this Debenturedeed.

Appears in 1 contract

Sources: Security Trust Deed

Extension of Powers. The power of sale or other disposal conferred on the Security Agent and on any Receiver by this Debenture Deed shall operate as a variation and extension of the statutory power of sale under Section 101 of the Law of Property ▇▇▇ ▇▇▇▇ and such power shall arise (and the Secured Obligations Liabilities shall be deemed due and payable for that purpose) on execution of this DebentureDeed.

Appears in 1 contract

Sources: Deed of Charge (Hertz Corp)

Extension of Powers. The power of sale or other disposal conferred on the Interim Security Agent and on any Receiver by this Debenture shall operate as a variation and extension of the statutory power of sale under Section 101 of the Law of Property ▇▇▇ ▇▇▇▇ and such power shall arise (and the Secured Obligations shall be deemed due and payable for that purpose) on execution of this Debenture.

Appears in 1 contract

Sources: Debenture

Extension of Powers. The power of sale or other disposal conferred on the Interim Security Agent and on any Receiver by this Debenture Deed shall operate as a variation and extension of the statutory power of sale under Section 101 of the Law of Property ▇▇▇ ▇▇▇▇ Act 1925 and such power shall arise (and the Secured Obligations Liabilities shall be deemed due and payable for that purpose) on execution of this DebentureDeed.

Appears in 1 contract

Sources: Interim Security Agreement

Extension of Powers. The power of sale or other disposal conferred on the Interim Security Agent and on any Receiver by this Debenture Security Agreement shall operate as a variation and extension of the statutory power of sale under Section 101 of the Law of Property ▇▇▇ ▇▇▇▇ Act 1925 and such power shall arise (and the Secured Obligations shall be deemed due and payable for that purpose) on execution of this DebentureSecurity Agreement.

Appears in 1 contract

Sources: Interim Security Agreement

Extension of Powers. The power of sale or other disposal conferred on the Security Agent and on any Receiver by this Debenture shall operate as a variation and extension of the statutory power of sale under Section 101 of the Law of Property ▇▇▇ ▇▇▇▇ and such power Deed shall arise (and the Secured Obligations shall be deemed due and payable for that purpose) on execution of this DebentureDeed.

Appears in 1 contract

Sources: Facility Agreement (China Mengniu Dairy Co LTD)

Extension of Powers. The power of sale or other disposal conferred on the Security Agent each Chargee and on any Receiver by this Debenture shall operate as a variation and extension of the statutory power of sale under Section 101 Sections 51 and 53 of the Law of Conveyancing and Property ▇▇▇ ▇▇▇▇ Ordinance (Cap. 219) and such power shall arise (and the Secured Obligations shall be deemed due and payable for that purpose) on execution of this Debenture.

Appears in 1 contract

Sources: Intercompany Settlement Agreement (GT Advanced Technologies Inc.)